TradingView
TaPlot
Jul 26, 2020 9:10 PM

CALM forming 4 months #Ascending #Traingle Long

Cal-Maine Foods, Inc.NASDAQ

Description

NASDAQ:CALM is forming a 4 months ascending triangle. Multiple tests of resistance line have taken place. A breakout from this consolidation will lift the price off the 200 moving average and set the tune for the next leg up. There is a considerable resistance around $51 and if cleared, price should reach chart pattern price target identified on the chart.
More